The scheme is advancing following a deal with International Students House, a charitable organisation providing affordable homes to back the project at Kennington Lane.

HG Construction is due to commence in early 2024, and the development is expected to complete in summer 2026.

Craig McPhail, HG Living Director, said: “With HG Construction as the main contractor on the scheme, we can provide ISH with a seamless end-to-end service, managing both the construction and development risk.

“We have already established a great working relationship with the team at ISH and we will work closely with them on a stakeholder engagement programme to ensure that the benefits of the scheme are well understood and that any local concerns are addressed.”